Waterloo's Axonify raises US $27 million

Waterloo ON-based Axonify has raised US $27 million to expand its software-on-a-system employee knowledge platform. JMI Equity, a Baltimore MD-based growth equity firm, is the lead investor, joined by returning investor BDC IT Venture Fund. Axonify's platform is built on neuroscience, adaptive learning, gamification, microlearning and knowledge-on-demand to help corporations train employees to drive business outcomes, increase revenues and decrease expenses. The investment will help Axonify scale its operations globally....